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Bilifuduo (98.20)

Bearish Hedge Funds

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8

June 06, 2012 – Comments (0)

An interesting development has been occurring in the last three weeks: hedge funds have become overwhelmingly bearish on the stock marketAccording to Societe Generale, they've doubled their net shorts on the S&P 500 in the last three weeks. This development comes in the midst of heavy shorting of the euro and net selling of copper by the hedge funds.

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